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Abercrombie & Fitch put volume heavy and directionally bearish
The Fly

Abercrombie & Fitch put volume heavy and directionally bearish

Bearish flow noted in Abercrombie & Fitch with 4,058 puts trading, or 1.2x expected. Most active are Apr-24 120 puts and Apr-24 124 puts, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 3.32, while ATM IV is up over 3 points on the day. Earnings are expected on May 29th.

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